Goodrich ships tires to General Motors in Detroit.This is an example of a(n)__________ channel of distribution.
A. intermediary
B. indirect
C. intensive
D. direct
direct
One business promising to do something for another business in return for receiving compensation is an example of a
A. contract. B. benefit. C. treaty. D. enterprise.
A. contract
Which of the following should businesspeople be sure to include in simple written reports:
A. Complete bibliography B. Extensive charts and graphs C. Necessary information only D. Names of all references
C. Necessary Information Only
A business using advertising, display, and publicity to increase sales and consumer awareness is an example of
A. promotion. B. production. C. service. D. operations.
A. promotion
This is FAUHS's ___ year with DECA.
2nd
Paul's Steakhouse is having a grand opening to introduce its new menu and will give the first 100 customers a 25 discount. The discount is an example of
A. sales promotion.
B. public relations.
C. personal selling.
D. visual merchandising.
A. sales promotion
The assortment of merchandise that a firm sells is called its product
A. demand. B. mix. C. depth. D. classification
B. mix
Which of the following factors has influenced the geographical development of unions: A. Right to bargain collectively B. Availability of natural resources C. Right-to-work laws D. Availability of capital goods
C. Right-to-work laws
Which of the following information about new employees are businesses required to report to the federal government: A. Address B. References C. Benefits D. Compensation
A. Address
What is this years motto established by Florida Deca?
Experience the Difference
Many nations have developed environmental regulations in order to encourage
A. ethical behavior.
B. conservation.
C. moral conduct.
D. industrialization.
Conservation
Employees who never take company supplies or equipment, such as pens or tools, for their own use help the business to
A. control expenses. B. increase profits.
C. control shoplifting. D. reduce external theft.
A. control expenses
When creating a master budget for her company, Jamila determined that the marketing department is responsible for the purchase of a new email platform. Jamila is
A. eliminating sunk costs. B. performing marginal analysis. C. allocating costs. D. performing cost-benefit analysis.
C. Allocating Costs
An important consideration when evaluating a bank is its
A. loan turnaround time. B. number of employees. C. location. D. plush offices.
A. loan turnaround time.
Where is ICDC this year?
Anaheim, California
A chain of hotels located in a resort area that rents its rooms at extremely low rates in an effort to eliminate the competition is involved in
A. price lining.
B. promotional pricing.
C. predatory pricing.
D. price fixing.
c. Predatory Pricing
By reading trade journals, business professionals can learn about
A. internal policies. B. corporate changes. C. industry trends. D. organizational sales performance.
C. Industry trends
Akilah wants to be a loan officer. What finance career field does she want to work in? A. Banking services B. Accounting C. Insurance D. Corporate finance
A. Banking Services
What is the base amount used for vertical analysis of items on the income statement?
A. Net sales B. Total income C. Total liabilities and equity D. Total assets
A. Net sales
What was last years motto established by Florida Deca?
Get the Edge
Luxury goods and services usually have __________ demand.
elastic
Which of the following is one element of a situation analysis:
A. Marketing planning B. Environmental scanning
C. Sales positioning D. Organizational testing
A financial institution that acts as an intermediary to facilitate securities transactions for the general public is a(n) A. investment bank. B. commercial bank. C. brokerage company. D. credit union.
C. Brokerage Company
The primary difference between amplified word-of-mouth marketing and organic word-of-mouth marketing is that
A. amplified is passive, and organic is interactive.
B. amplified is personal, and organic is nonpersonal.
C. amplified is goods-oriented, and organic is service-oriented.
D. amplified is planned, and organic is spontaneous.
D. amplified is planned, and organic is spontaneous.
What is our advisors first and last name?
Lionel Thompson